Throughout our history, Microsoft has won by making big, bold bets.

Throughout our history, Microsoft has won by making big, bold bets. I believe that now is not the time to scale back the scope of our ambition or the scale of our investment. While our opportunities are greater than ever, we also face new competitors, faster-moving markets and new customer demands.

I come back to the same thing: We've got the greatest pipeline in the company's history in the next 12 months, and we've had the most amazing financial results possible over the last five years, and we're predicting being back at double-digit revenue growth in fiscal year '06.

It's the most tested, most widely-implemented product in the test phase of anything we've ever built. It's rock solid. We've got it deployed on literally hundreds of thousands of desktops. It's ready to go.

A breakup of Microsoft, I think, would be an awful thing for consumers and for the industry. The real issue in a possible breakup would be the harm it does to innovation,

We recognize that some provisions in our existing Windows licenses have been ruled improper by the court, so we are providing computer manufacturers with greater flexibility and we are doing this immediately so that computer manufacturers can take advantage of them in planning for the upcoming release of Windows XP,